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Mastercard Introduces Selfie Authentication For Online Transactions - Phones - Nairaland

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Mastercard Introduces Selfie Authentication For Online Transactions by timigate1: 8:08am On Feb 24, 2016
If you are one of those still using phones with no/low resolution front cameras, your name na sorry as Master card is taking online security a step higher by introducing an app that uses selfie for authentication. The requires users to take a selfie for authentication instead passwords.
The app is coming this summer for phones, tablets, and PCs, and will be available in the United States, United Kingdom, Canada, Netherlands, Belgium, Spain, Italy, France, Germany, Switzerland, Norway, Sweden, Finland, and Denmark, the BBC reports. Mastercard has been testing these capabilities since last summer.

With selfie checks, users will have to blink for the camera to prevent against spoofing the system with a photo. Alternatively, users will be able to verify themselves with a fingerprint, through systems like Apple’s Touch ID. Mastercard says it will transmit this data in a way that can’t be stolen or used by scammers.
In most cases, online purchases don’t require extra verification, and simply entering credit card details is enough. But on occasion, Mastercard may ask for a password when it suspects a fraudulent transaction. Users who have Mastercard’s app installed will receive a notification, asking them to pose for the camera or scan their fingerprint. (Whether users actually take the time to install this app is another matter.)

The idea is to create a more convenient system for verifying identity, allowing the credit card company to prevent fraud more often. As the BBC notes, the costs of fraud typically get passed onto merchants in the form of higher transaction fees, so a better system could potentially lower those fees (or yield greater profits for the credit card company).
Source http://www.timigate.com/2016/02/mastercard-introduces-selfie.html#more

Re: Mastercard Introduces Selfie Authentication For Online Transactions by dajoaneke(m): 8:10am On Feb 24, 2016
Endtime Card. This is a perfect description of buying and selling with the mark of the beast. The facial recognition is the mark on the forehead. Fingerprint is the mark on the arm. Jesu!!

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